The Evaluation of Company Performance Through Implementing Objective Matrix (A Case Study In Elite- Prestige Furniture Jogjakarta)
Abstract
Rifka Fuzlana, the thesis is entitled: The Evaluation of Company Performance through
implementing Objective Matrix ( A Case Study in Elite - Prestige Furniture,
Jogjakarta ), Accounting Department, Faculty of Economics, Islamic University of
Indonesia.
In the globalization era, every company included proprietorship company will
observe tougher competition. To always survive and stay competitive, company need a good
performance measurement system that could help it to know how exactly is its
performance's level and make continuous improvement. Traditional measurement system
that has already been used in these past decades is not the comprehensive answer anymore.
Few practical people and scientist who are in their own expertise in the real industryworld
realized the fact that is time fore industrial community to get involved in creating new
models of performance Measurement System, which is embody non financial perspective in
them. Those model could bring forward some innovative measurement system. Balanced
Scorecard method is one of measurement of company's performance.
The first step of designing the performance measurement system using Balanced
Scorecard is transforming vision, mission and strategy of company into few measures and
initiatives within their own perspectives . After transforming and designing whole process of
Balanc~d Scorecard, the researcher tried to visualize them with the help of Objective Matrix
(OMAX). The result gives company understand which the right priority of improvement that
must be done.
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